New Delhi, June 2 -- In a significant development in the ongoing investigation into the Uttarakhand LUCC Chit Fund Scam, the Central Bureau of Investigation (CBI) has arrested two accused persons in Mumbai, Maharashtra.
The accused have been identified as Kishan Jain and Pankaj Jain alias Pankaj Chaudhary.
The arrests were made following sustained and intensive efforts by the investigating team, involving the analysis of voluminous financial records, examination of bank transactions, collection of oral evidence, and extensive field investigations conducted across various states of the country.
The case was registered following an order of the Uttarakhand High Court. The CBI's Anti-Corruption Branch (ACB), Dehradun, registered a case in 2...